Bloomberg News

Azeri Light Exports From Supsa to Fall to Four Cargoes in March

February 15, 2012

Feb. 15 (Bloomberg) -- Exports of Azeri Light crude from Georgia’s Black Sea port of Supsa will decline to four cargoes in March from five in February, according to a loading schedule obtained by Bloomberg News.

Shipments will total 2.4 million barrels, or 77,419 barrels a day, down from 103,448 barrels this month, the plan shows.

BP Plc operates the Baku-Supsa pipeline, which carries Azeri Light from the Caspian Sea to the Black Sea.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

--Editors: Raj Rajendran, Rachel Graham.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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